Hi, I am debating wether to focus my marketing onto Detroit at the moment. The ARV in the area is lower around 100k so my concern is that if I get a wholesale deal in Detroit my profit margins will be much lower due t...
Hi! I am looking to purchase my 3rd investment property but I am tapped out on cash for a down payment. I do have ~$250k in a stock portfolio and just learned about margin loans. I'm wondering if I can take out a marg...
What are some thoughts about crating margin of safety for multifamily investments?
Typical suggestions...
1 buy value add property
2 buy off market at good prices
3 don't over leverage or buy in cash a
4 invest ...
I'm interested to know what net profit percentages or actual dollars everyone else is getting given last 6 months of market changes if any.
As the market seems to be improving, shadow inventory is coming on t...
Some of you have asked me to articulate how in fact I screwed up a seemingly profitable deal. This was my second property, which was my first attempt at a flip. My first property was a buy & hold, which I view a...
View report*This link comes directly from our calculators, based on information input by the member who posted.I had to have done something wrong. First time using a calculator, can I get some advice please?
Good Morning Before I call my Lender back this coming Monday, i want to make sure that I'm not wasting there time and mine A Breakdown of the Scenario:Primary residence has $40,000 in Equity to get a $20,000 HELOC , I...
Ran across a listing of two homes on one lot. Both in rough shape, one rented and one vacant. My hunch was that this lot could be subdivided and the homes rehabbed and sold separately. A few visits to city planning an...
So I am practicing analyzing deals just using a local home i found on realtor.com. Because I've used up the free trials of the BP calculator, I decided to just use another calculator to practice in the meantime. I end...
I'm a new flipper, but I want to see what the consensus is on what profit margin I should shoot for. I understand as a newbie, you need to start with a slam dunk so to say. I've heard aim for 15% of ARV in profit fo...